April 2022 Net Returns

Please find attached our net returns for April 2022.

Whilst the returns were strong, the markets are very difficult to trade currently. For example the market is pricing in US expected interest rate increases until the end of the year which impacts and currencies linked to it. USD has had a rocket put under it. But in saying this there is no evidence to prove the continued interest rate rises will fix the inflation problem and further will it impact the trading environment for the US.

The majority of our strategies are turned off this week due to large news events from most countries all coming out this week.

Any queries, please do not hesitate to reach out.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

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